MKHOP

0.640

+0.005 (+0.8%)

IPO Prospectus

MKH OIL PALM (EAST KALIMANTAN) BERHAD

Subject INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF MKH OIL PALM (EAST KALIMANTAN) BERHAD ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") COMPRISING: (I) PUBLIC ISSUE OF 220,000,000 NEW ORDINARY SHARES ("SHARES") IN THE FOLLOWING MANNER: - 51,209,800 NEW SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; AND - 168,790,200 NEW SHARES MADE AVAILABLE BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND (II) OFFER FOR SALE OF 30,707,700 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS, AT AN IPO PRICE OF RM0.62 PER SHARE, PAYABLE IN FULL UPON APPLICATION.


Please refer attachment below.



Announcement Info

Company Name MKH OIL PALM (EAST KALIMANTAN) BERHAD
Stock Name MKHOP
Date Announced 29 Mar 2024
Category Document Submission
Reference Number DCS-26032024-00031